Elizabeth Warren stuns "Why Isn't Minimum Wage $22?"

The expert that she is questioning starts talking about a minimum wage of $36 an hour.  Does Warren really think that the productivity of minimum wage workers has been as large as it has been for the average worker?  How does she think that wages are set in the market?  Does she understand that the rents that these price controls create are competed away?  It is called rent-seeking by economists.